LONDON – The City of London Investment Trust PLC (LSE:CTY) has announced its compliance with the Market Abuse Regulation (MAR), confirming that all inside information which the Directors and the Company might have had prior to the announcement of the half-year results ending December 31, 2024, has been previously disclosed through a Regulatory Information Service (RIS). The declaration ensures that the Company is not restricted from dealing in its own securities.
The Company’s adherence to MAR is a standard procedure to prevent market manipulation and ensure transparency in financial operations. It is a legal requirement for companies listed on stock exchanges within the European Union, and it mandates that all unpublished information that could significantly affect stock prices be disclosed to the public to maintain market integrity.
According to the statement released today, should any inside information arise in the period…